Michaels v. Ford Motor Credit Co. (In Re Michaels)

DECISION

JAMES E. SHAPIRO, Bankruptcy Judge.

This case concerns priorities among conflicting security interests in the same farm equipment. It is a core proceeding under 28 U.S.C. § 157(b)(2)(K).

There are three disputes to be resolved in this case, each of which shall be separately addressed. They are identified as follows:

1. F & M Bank of Slinger n/k/a Associated Bank (“Bank”) v. John Deere Company (“John Deere”);

2. Bank v. Dairyland Equipment, Inc. (“Dairyland”); and

3. Bank v. P & L Leasing.

All of the farm equipment involved in these disputes was in the possession of the chapter 12 debtors,…